sch.44-sec.12Payment of financial assistance

### sch.44-sec.12 Payment of financial assistance This section applies if the authority approves an application for a grant of financial assistance for carrying out eligible works to an eligible home. However, if the applicant is only eligible for a conditional approval under section 6 (2) , this section does not apply unless the condition mentioned in section 11 (2) or (4) has been satisfied. The authority must pay the financial assistance directly to the following person— to the extent the applicant has paid for the eligible works—the applicant; otherwise—the licensed contractor who carried out the eligible works or is contracted to carry out the eligible works. The authority may pay the financial assistance in a single payment or in instalments, at intervals decided by the authority. The authority may pay the financial assistance in instalments consistent with the milestone payments under a contract for carrying out the eligible works. For the purpose of a contract for carrying out the eligible works, a payment made under subsection (3) (b) is made on behalf of the entity that is liable to pay for the works under the contract. This section applies subject to sections 7 and 13 . sch 44 s 12 ins 2022 SL No. 105 s 5 amd 2023 SL No. 184 s 11 (sch.44-sec.12-ssec.1) This section applies if the authority approves an application for a grant of financial assistance for carrying out eligible works to an eligible home. (sch.44-sec.12-ssec.2) However, if the applicant is only eligible for a conditional approval under section 6 (2) , this section does not apply unless the condition mentioned in section 11 (2) or (4) has been satisfied. (sch.44-sec.12-ssec.3) The authority must pay the financial assistance directly to the following person— to the extent the applicant has paid for the eligible works—the applicant; otherwise—the licensed contractor who carried out the eligible works or is contracted to carry out the eligible works. (sch.44-sec.12-ssec.4) The authority may pay the financial assistance in a single payment or in instalments, at intervals decided by the authority. The authority may pay the financial assistance in instalments consistent with the milestone payments under a contract for carrying out the eligible works. (sch.44-sec.12-ssec.5) For the purpose of a contract for carrying out the eligible works, a payment made under subsection (3) (b) is made on behalf of the entity that is liable to pay for the works under the contract. (sch.44-sec.12-ssec.6) This section applies subject to sections 7 and 13 . - (a) to the extent the applicant has paid for the eligible works—the applicant; - (b) otherwise—the licensed contractor who carried out the eligible works or is contracted to carry out the eligible works.